The Differences Between Emerging and Developing Markets According to Oecd and Imf Definitions

In this article I’m going to try to explain the differences between emerging and developing markets according to OECD and IMF definitions,the I’m going to talk about relationships between unemployment,GDP and industrial production.Then I’m going to look at the effects on emerging and developing markets and try to find an answer the effects is significant or not.

There are significant 2 market types in the world that over the years debates about differences,advantages,disadvantages are held on.Before we look at the differences between emerging markets and developing markets,let’s look up what is emerging market what is developing market? Emerging market concept was originally found by the World Bank economist Antoine van Agtmael by the 1980’s.Emerging markets are nations with social or business activity in the process of rapid growth and industrialization.According to Chuan Li from The University of Iowa, ‘’ ‘Emerging markets are countries that are restructuring their economies along market-oriented lines and offer a wealth of opportunities in trade, technology transfers, and foreign direct investment’.There are 28 countries that considered as emerging markets but some of the leaders are China, India, Indonesia, Brazil and Russia. If we start to look at the differences between emerging markets and developed markets,from the emerging markets stand point, they are regional economic powerhouses with large populations, large resource bases, and large markets.However if there is any kind of an economic crise,they can bring down their partners also with them.Also they adopt open door policies to replace their traditional state interventionist policies that failed to produce sustainable economic growth. According to the IMF, every developing country that is committed to gaining the confidence of the international financial markets must dedicate itself to good governance. Good governance fosters a path for strong and stable economic development. Poor governance...

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While no generally agreed upon definition for emergingmarkets exists, the term refers to low-income countries which generally have a rapid pace of economic development and where government policies favour economic liberalization (Hoskisson et al, 2000). These markets not only do some have high economic growth rates but nearly all have high population growth rates (Reynolds, 2006).
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Department of Commerce estimates that over 75 percent of the expected growth in the world trade over the next two decades will come from the more than 130 developing and newly industrialized countries; a small core of these countries will account for more than half of that growth. Commerce researcher also predict that imports to the countries identified as big emergingmarkets, with half of the world's population and accounting for 25 percent of the industrialized world's GDP today, will by 2010 be 50 percent of that of the industrialized world (Cateora et...

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of decisionmaking (Figure 1.1).
Conversely, slow human development
can put an end to fast economic growth.
According to Human Development Report
1996, “during 1960–1992 not a single
country succeeded in moving from lopsided
development with slow human
development and rapid growth to a virtuous
circle in which human development
and growth can become mutually
reinforcing.” Since slower human development
has invariably been followed by
slower economic growth, this growth
Sustainable development is a term widely
used by politicians all over the world even
though the notion is still rather new and
lacks a uniform interpretation. Important
as it is, the concept of sustainable development
is still being developed and the
definition of the term is constantly being
revised, extended, and refined.
According to the classical definition,
given by the United Nations World
Commission on Environment and
Development in 1987, development is
sustainable if it “meets the needs of the
present without compromising the ability
of future generations to meet their
own needs.”
Social justice defined as equality of
opportunities for well-being, both
within and among generations of people,
can be seen as having at least three
aspects: economic, social, and environmental.
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...BusinessDictionary.com defines an emergingmarket as,
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While this definition seems quite convoluted, emergingmarkets can be summarized as “nations with social or business activity in the process of rapid growth and industrialization.”2 This generalization may seem to be somewhat broad, but when the two are combined we can get an understanding of what exactly is going on with emergingmarkets and how they are differentiated from developed markets.
Essentially in looking at these definitions, there are four major characteristics. The first is that they have large populations and thus are regional economic leaders, due to their large markets. This is key as emergingmarkets are transitioning to consumer based economies, and thus need to have enough people to support consumerism. The second is that they are in transformation socially...

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In the 70s and 80s the terms such as ‘Third World, Lesser Developed Countries (LDC) or under-developed countries’ was used to what has now become the EmergingMarkets which are the boosters in the world economy recovery (http://www.pearsoned.co.uk/bookshop/article.asp?item=361). In 1981 the World Bank redefined countries like such as the emergingmarkets. These economies would have a low to middle per capita and by 2001 Jim O’Neill of Golden Sach coined these countries as BRIC which included Brazil, Russia, India and China. However the growth of these countries has slowed for various reasons, so Jim O’Neill added another four countries to the emergingmarket. MINT which includes Mexico, Indonesia, Nigeria and Turkey are now the emerging economic giants. In 2005 Golden Sach added further eleven countries to the emerging economies. These eleven would become the next level of the emergingmarkets. The following would analyse the impact that the rise of the emergingmarket has on the world economy.
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Group 8: MNEs from EmergingMarkets and Developing Economies
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Abstract
OFDI (Foreign Direct Investments) of multinational enterprises from emergingmarkets (EM MNEs) have significantly risen over the past decade. In the paper at hand we analyze the present state of research regarding the motivations of EM MNEs to go abroad, their paths of internationalization and the implications of internationalization on financial performance metrics. We discuss prevailing models and frameworks and point out weaknesses of existing explanations. This paper aims at highlighting research gaps and coming up with implications for future research. We conclude that most of the models, which are developed for MNEs from developed countries, need to be adjusted or even replaced. More recent frameworks for EM MNEs often lack empirical evidence or contradict each other. We conclude that the most urgent need for further research can be identified in the field of internationalization modes.
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I
Table of Contents
Abstract...

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EmergingMarkets: Brazil Case Study
I. Summary
Brazil’s agricultural advantage stems from its extensive natural resources. The country’s competitors either utilize more supplies or more time in order to yield an amount that can rival Brazil’s production. Although every other country desires the agricultural production capable of Brazil, Brazil‘s government is determined to invest in industrialization in order to modernize its economy. While Brazil has a large amount of natural resources available for use, its government must provide the funding of the growing industrialization, to include: energy, materials, and increased employee earnings.
II. Problem
Brazil’s success in agriculture is attributed to vast lands, diverse climates, and a large population pool for labor (Brazil Agribusiness Report - Q4 2013, 2013). Without regard to its solid base in agriculture, the Brazilian government is attempting to modernize the economy through industrialization. Alongside this movement comes the “Brazil” cost: the increased operating cost of energy, raw materials, and wages. Also, in addition to paying more to industrialize, the government compensates domestic, uncompetitive industries enabling the theory of protectionism.
III. Effective Solutions/Strategies
In response to Brazilian President Dilma Rousseff’s desires to become a world-class manufacturing base, the country can reassess its comparative advantage in agriculture and redirect...